Martin Vickers
Main Page: Martin Vickers (Conservative - Cleethorpes)Department Debates - View all Martin Vickers's debates with the HM Treasury
(3 years, 6 months ago)
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Rishi Sunak
Perhaps the hon. Gentleman missed that part of the statement; I apologise if it was not clear, but we have doubled the value of the self-employed grants that will be paid in the winter from 20% to 40%, mirroring the increase in the Government’s support for those who are in employment and ensuring parity between self-employed and employed. As I have said, that is generous and comprehensive. With regard to the income threshold, yes, the hon. Gentleman is right; we have decided to target support for the self-employed at those who earn less than £50,000. That is 95% of all those who are majority self-employed. The average income of those 5% who are not included is about £200,000.
Martin Vickers (Cleethorpes) (Con)
I welcome the package announced by my right hon. Friend; he has quite rightly adapted the support that he is providing to the changing circumstances. May I look beyond the pandemic to the economic recovery, and urge continued support for my constituency in respect of the Greater Grimsby town deal? We also need broadband connectivity—and let me give a special mention in that regard for the village of Wold Newton. I know that he will be disappointed if I do not also mention free port status for Immingham and the Humber ports.
Rishi Sunak
My hon. Friend is absolutely right. It is important that we can look through this crisis to our economic recovery. I know that his area will play a starring role in helping to drive that recovery, whether that is through Grimsby or a free port in Immingham. I am pleased to say that we are making good progress on the free port process. I hope to announce the bidding process very soon, and look forward to receiving his local area’s application when the time is right.